Prosperity disappears, debt grows, Poland's competitiveness falls

konfederacja.pl 1 year ago
Deputy Marshal Krzysztof Bosak Radio Three.

– It can be said that the current budget is akin to the 1 we criticised, presented by the government of Mateusz Morawiecki. Only worse. We criticised for the deficiency of any proportion between spending and income for evidence debt of the state. And the platform does the same thing, only more.

Over 180 billion deficits mean that 180 billion PLN our state is going to spend without this money, borrowing it. The ability to borrow money in the interior marketplace has long ended. The Ministry of Finance regularly sends its emissaries, who travel around the planet and advertise that Poland is simply a good country to lend to it, and that it will pay further interest for generations. We gotta realize both sides of this equation. Financial institutions are eager to borrow Poland and it is dangerous. due to the fact that erstwhile it's easy to owe yourself, you can owe yourself immense amounts.

The cost of debt service itself is already respective twelve billion each year. So we don't spend tens of billions on any investment. We spend only on payment of outstanding interest to financial institutions. This is the outflow of capital from Poland to global or Polish, not always Polish, but Polish financial institutions operating in Poland. And that's what we're criticizing now.

Deputy talker of the Sejm @krzysztofbosak in 2 minutes points out the draft budget of the Tusk government – they do what Morawiecki, only more! An even bigger deficit, even more debt service and publishing costs, and at the same time... withdrawing from election promises!

"Prosperity fades,... pic.twitter.com/vB3uJavFSl

— Confederation (@CONFEDERATION_) December 28, 2023

We besides criticise the deficiency of implementation of those electoral promises that we liked. specified as, for example, raising the amount of free money that the Platform announced as its specific, and from which it withdrew immediately after the election. Of course, there's no way of reducing taxes.

The main problems of the Polish economy, specified as the highly advanced energy prices caused by the European Union, are not solved. We have evidence expenses, and at the same time we will be paying evidence money next year for electricity, for heat. Prosperity disappears, debt grows, economical competitiveness in the planet of Poland is decreasing.

Read Entire Article